Will You Be Affected By CMHC's New Minimum Down Payment Rules?

Interested in finding out how the new down payment rules may affect your next home purchase? Beginning February 15, 2016 the minimum required payments will be changing for the portion of the purchase price that is OVER $500,000. If you were interested in finding out exactly how much additional money will be needed for these larger home purchases, I have attached a subtly-branded Down Payment Calculator for the inner-nerd in you.